Financial Analysis: Syra Health (SYRA) & Its Peers

Institutional & Insider Ownership

4.8% of Syra Health shares are owned by institutional investors. Comparatively, 57.2% of shares of all “Healthcare Providers & Services” companies are owned by institutional investors. 36.5% of Syra Health shares are owned by company insiders. Comparatively, 15.4% of shares of all “Healthcare Providers & Services” companies are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.

Risk and Volatility

Syra Health has a beta of 2.86, meaning that its share price is 186% more volatile than the S&P 500. Comparatively, Syra Health’s competitors have a beta of 0.97, meaning that their average share price is 3% less volatile than the S&P 500.

Profitability

This table compares Syra Health and its competitors’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Syra Health	-54.90%	-131.94%	-99.19%
Syra Health Competitors	-5.58%	-137.93%	-0.40%

Valuation and Earnings

This table compares Syra Health and its competitors gross revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Syra Health	$7.98 million	-$2.94 million	80.00
Syra Health Competitors	$20.47 billion	$279.23 million	0.88

Syra Health’s competitors have higher revenue and earnings than Syra Health. Syra Health is trading at a higher price-to-earnings ratio than its competitors, indicating that it is currently more expensive than other companies in its industry.

Summary

Syra Health competitors beat Syra Health on 6 of the 9 factors compared.

Syra Health Company Profile

Syra Health Corp., a healthcare services company, provides health education, population health management, behavioral and mental health, healthcare workforce, and digital health services in the United States. It offers health education services, including medical communications, patient education, and healthcare training; and population health management services, such as analytics as a service, epidemiology, and health equity analytics solutions. The company also engages in developing Syrenity, an on-demand telehealth platform for mental health services. In addition, the company provides healthcare staffing solutions; and digital health solutions comprising digital transformation, cloud and security, artificial intelligence, patient engagement, and health apps. It serves mental health hospitals and organizations, including government agencies, integrated health networks, managed care entities, and pharmaceutical manufacturers. Syra Health Corp. was incorporated in 2020 and is headquartered in Carmel, Indiana.